business / news / / Santa Ana Orange County Register
California Gov. Gavin Newsom is in a spat with a major oil company.
Gov. Newsom urged Californians to avoid Chevron gas stations over Memorial Day weekend.
KEY POINTS
- Chevron averaged more than 60 to 80 cents per gallon above unbranded alternatives, per state analysis.
- California regulators delayed penalizing oil companies for excess profits until 2030 despite a new law.
- Two major oil refineries, representing 18% of California's refining capacity, are planning to close.
COMPANIES
Summarized by Newsio from Santa Ana Orange County Register. How we summarize →